{"id":60862,"date":"2023-11-20T11:07:26","date_gmt":"2023-11-20T08:07:26","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=60862"},"modified":"2023-11-20T11:07:26","modified_gmt":"2023-11-20T08:07:26","slug":"%d8%a7%d9%84%d9%85%d8%b4%d8%a7%d8%b1%d9%8a%d8%b9-%d8%a7%d9%84%d8%b9%d9%82%d8%a7%d8%b1%d9%8a%d8%a9-3","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/60862\/","title":{"rendered":"Property surveys: Real estate success Smart goals... And a study against stumbling"},"content":{"rendered":"

Interview: Abdullah Al-Saleh: In light of the expansion in Real estate projects<\/a><\/strong><\/span> In light of the recent developments in the Kingdom, companies operating in the construction sector are facing a number of challenges, particularly following the adoption of the Saudi Building Code, and as international and regional companies have sought to establish a presence in the Kingdom, leading some to wonder how supply and demand can be balanced, how specialized trade shows can provide expertise to their participants, and to what extent participants can benefit from the products and projects on display.<\/p>\n

The newspaper \u201cAmlak\u201d surveyed several experts on the most important factors for the success of projects and the sustainability of their quality, as well as the best ways to benefit from specialized trade shows.<\/p>\n

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Amr Al-Hamrani<\/strong>: <\/strong>Rising Cost of Skilled Labor<\/strong> Key Challenges<\/strong><\/p>\n

At the outset, Amr Al-Hamrani, the founder of Construction Tips, explained that there are a number of challenges facing the construction sector, such as the economic recession, new government regulations, and the rising cost of skilled labor. He emphasized that the private sector, with its expertise and capabilities, can benefit from the proposed construction projects, saying, \u201cConstruction activity contributes to maximizing returns for the private sector.\u201d.<\/p>\n

Al-Hamrani stated that the private sector has significant investment opportunities available at specialized trade shows that it can take advantage of, and he noted the effectiveness of participation by various market segments in these forums, which enhances their experiences and expertise, He noted that exhibitions and events, to a certain extent, serve as an important and unique platform for companies in the construction sector to highlight their efforts and contributions and introduce the public to their key services and projects, and that suppliers, manufacturers, and competitors can all benefit from them.<\/p>\n

Al-Hamrani summarized the most important factors and developments that lead to the success of projects as follows:<\/p>\n

1. Project management efficiency.<\/p>\n

2. The effectiveness of the engineering model, its alignment with reality, and its feasibility.<\/p>\n

3. The accuracy and rigor of the project budget, and its consideration of all circumstances, variables, and risks, in order to prevent the project from faltering or failing.<\/p>\n

At the end of his interview with \u201cAmlak,\u201d Amr Al-Hamrani explained that Property Insurance<\/a><\/strong><\/span> It contributes significantly to improving construction quality, as it is subject to various factors that raise engineering quality standards. Al-Hamrani considered the short-term increase in costs to be natural, but at the same time, it helps reduce costs in the long term, given that buildings are durable assets whose cost calculations are based on long-term sustainability and safety standards, noting that building insurance provides added value for the building.<\/p>\n

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Abdullah bin Al-Arfaj: Technical updates have made it difficult for companies to keep up with<\/strong><\/p>\n

Abdullah bin Ibrahim Al-Arfaj, General Manager of the Central Region for Al-Asasia Electronics Co., Ltd., affirmed that the construction sector is undergoing rapid and continuous developments; This is due to the increasing pace of technological updates in the sector, which has made it difficult for companies to keep up with the latest developments. Al-Arfaj noted that this inability to keep pace has highlighted a number of challenges, including: training and developing the workforce to keep pace with developments in the sector, rising raw material costs, ensuring safety and quality, and rising real estate values.<\/p>\n

Al-Arfaj pointed out that the private sector has a great opportunity to benefit from specialized exhibitions and the construction technologies on display, as real estate forums bring together the largest number of investors and decision-makers with leading companies in the field, providing a platform to showcase the latest technologies and discuss potential projects, and exchange expertise with them, in addition to seeking out deals and exploring mutual interests.<\/p>\n

Regarding the most important factors and developments that lead to the success of projects, Al-Arfaj explained that there are many factors that contribute to the achievement of real estate project goals, which can be summarized as follows:<\/p>\n